01 Aug, EOD - Indian

SENSEX 80599.91 (-0.72)

Nifty Bank 55617.6 (-0.62)

Nifty Next 50 66192.8 (-1.35)

Nifty Pharma 22011.7 (-3.33)

Nifty Smallcap 100 17668.2 (-1.66)

Nifty 50 24565.35 (-0.82)

Nifty IT 34649.6 (-1.85)

Nifty Midcap 100 56637.15 (-1.33)

01 Aug, EOD - Global

NIKKEI 225 40134.97 (-1.63)

HANG SENG 24634.88 (0.52)

S&P 6299.25 (0.36)


Currency News

You are Here : Home > News > Currency News >

(02 Jun 2025, 15:05)

Dollar index sinks below 99 mark amid renewed US-China tariff tensions


The US dollar index sank under 99 mark on Monday amid renewed trade tensions between the United States (US) and China after the US President Donald Trump claimed on Friday that China had violated their trade agreement. In a counter statement on Monday, China’s Ministry of Commerce said the US had “seriously undermined” the agreement reached during Geneva talks in May, where both nations agreed to significantly lower tariffs on each other's goods. If the US persists in its unilateral approach and continues to harm China's interests, China will resolutely take strong measures to safeguard its legitimate rights and interests, the MOFCOM spokesperson noted. The dollar also weakened after President Donald Trump announced on Friday that the US will double tariffs on steel imports to 50% starting June 4. The dollar index that measures the greenback against a basket of currencies is quoting at 98.63, down more than half a percent. Among basket currencies, EURUSD and GBPUSD are staying elevated by more than 0.6% at $1.1446 and $1.3554 respectively. Meanwhile, investors now await Powell speech and US ISM Manufacturing PMI for May for further cues.

More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +